NEWS


Suez agrees to share deal with Veolia


France-based waste management, water and recycling groups Veolia and Suez have come to an agreement for Veolia to take over Suez, which had resisted the former’s approaches for months. They agreed on a price of €20.50 per Suez share conditional upon the signature of a Combination Agreement. The intended outcome of


the transaction will be the creation of a “new Suez” with revenues of around €7bn, while Veolia said it intends to become “a global champion of ecological transformation, with revenues of around €37bn, through the Suez takeover bid, in which all the strategic assets identified by Veolia will remain”. The two groups propose


that the new Suez “should be owned by a group of shareholders including financial partners from both groups and by employees. The majority of the share- holders of the new Suez will be French.” The new Suez will


continue its municipal water and solid waste activities in France, along with its


EU plans for zero pollution


Suez recycles plastics in France and other European countries


activities in Italy, Czech Republic, Africa, Central Asia, India, China, Australia. Suez has a large plastics


recycling business in Europe. Its website says it reprocesses more than 400,000 tonnes of plastics waste and produces 100,000 tonnes of recycled polymer every year. The main materials it recycles are PET, PE and PP. Four Suez plants are


located in France: Limay (which has 32,000 tpa rPET pellet capacity); Landemont (LDPE agricultural film recycling with 20,000 tpa capacity); Bayonne (17,000 tpa rPET flake capacity); and Vernie (a hard PVC recycling site with 15,000 tpa capacity). Suez is a partner with


LyondellBasell in the QCP plastics recycling business


which has a 35,000 tpa PE and PP recycling facility in Geleen, Netherlands. In December 2020, the partners acquired Tivaco in Belgium, which added approximately 22,000 tpa of recycled PP and PE to QCP. Other Suez businesses in Netherlands, Luxembourg, Germany and Poland are being divested in a deal signed in September 2020 with PreZero, the environ- mental division of Schwarz Group in Germany. In April, the European Commission’s merger regulator approved the sale to PreZero condi- tional on the divestment of Suez’s lightweight packag- ing (including plastics) sorting business in the Neth- erlands. � www.suez.com � www.veolia.com


The European Commis- sion has adopted the EU Action Plan “Towards Zero Pollution for Air, Water and Soil” as part of its European Green Deal. The Commission said the plan ties together all relevant EU policies to tackle and prevent pollution, with a special emphasis on how to use digital solutions to tackle pollution. It will review relevant legislation to identify remaining gaps. Frans Timmermans,


Executive Vice President for the European Green Deal, said: “New green technologies already here can help reduce pollution and offer new business opportunities. Europe’s efforts to build back a cleaner, fairer, and more sustainable economy must likewise contribute to achieving the zero pollution ambition.” The 2030 targets in the action plan include improving water quality by reducing waste plastic at sea by 50% and microplastics released into the environment by 30%. � https://ec.europa.eu


Resilux doubles rPET production capacity


Resilux, the Belgian PET bottle and preform producer, has announced a major new technology investment which will result in the company doubling its bottle-to-bottle PET recycling capacity.


4 Resilux will install a Vacunite system


from Erema at its Recycling Compe- tence Centre in Bilten, Switzerland. The investment has been made in response to increased customer demand and the expectation that production will


PLASTICS RECYCLING WORLD | May/June 2021


increase in the future. Marcel van de Sande, Resilux Group


Chief Operating Officer, said: “The new technology puts us in the perfect position to ride the next green wave.” � www.resilux.com


www.plasticsrecyclingworld.com


IMAGE: SUEZ


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